Residential Solar as an Investment

{jcomments on}We seem to overlook the obvious when it comes to renewable energy, specifically residential solar as an investment.In today’s market what would you think of an investment that had the following characteristics?• An investment with an effective return of 7 -10% on your money year after year with little or no risk• An investment that is hedged and will increase returns with any increase in energy costs• A capital investment that retains its value and has a projected useful life of 25 years with no significant maintenance costs• An investment that improves the security of the United States• An investment that makes a statement to future generations that we truly are concerned about their futureSuch is the nature of a residential solar system.The PACE Program which was recently killed by Fannie & Freddie was a program designed to allow consumers to finance residential solar by taking a loan against their future property taxes.But why finance a residential solar system when you can make it the best investment in your portfolio? Solar installers offer leasing programs because it is a good investment.Residential solar should be the new appliance that we can’t live without and can’t afford not to have.